Is BMW buying a stake in Tesla?

Daimler is selling its stake in the premium electric car maker Tesla. Mercedes parent Daimler sold its four per cent stake in Tesla Motors and …

Daimler is selling its stake in the premium electric car maker Tesla. Mercedes parent Daimler sold its four per cent stake in Tesla Motors and pocketed a $780 million profit. Daimler announced the sale but not the end of their cooperation.

Forbes published an article today hinting at the fact that BMW might be interested to purchase a stake in Tesla as well. The two companies have been in talks recently and visited each other to discuss future collaborations and the state of electric cars.

Tesla would be interested to partner with BMW to gain access to the carbon fiber production and technology, an essential lightweight material in construction of light electric cars. In exchange, BMW would benefit from Tesla’s battery technology and its future production at the California Nevada plant.

While these are simply rumors and speculations at the time, things could change in the future, considering how much BMW and Tesla need each other, at least for now when they don’t compete head-to-head in the electric car segment.